St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-11

times are not hard. There is more bust
ness transacted now than evOr before.
So driven are the manufacturers that
for future delivery. They are forced to
| do this in order to get rid of the orders
they now have on hand"
| 80
'And so far as money is concerned,
any quantity of it can be had in the
East at and per cent. saw it stated
| in an extract taken from the New York
/ Times money article and published in
/ the GLOBE, that it was very difficult for
1 those who loaned money to place it at
Il and per cent. They could not, with
out good deal of difficulty. loan it. 1t
\ is easy for you, if you have any doubt
as to what / have said about trade,
/ and the amount of business done this
/ year compared to that of previous years,
4 and also about the abundance of money,
4 to ascertain by inquirlng of any whole
sale dealer in st. Paul. These jObbers
\ have done an immense business this
year. The history of the jobbing trade Of
| st. Paul for the twelve months ending
| with the close of the present month
\ will aStOniSh people when they come to
ascertain its magnitude.
| -
Nov, this being so, | should like to
| have you or any other man tell me what
reason there is for this hue and cry
about hard times. 1t certainly is not
true, and has the direct effect of retard-
ing trade, impeding business, and cast
ing doubt and uncertainty upon all
kinds Of dealing. 1t has had very in
furious result upon business during the
last four or five months and has checked
up and delayed men in carrying out en-
terpriseS that they had decided upon.
The cry of hard times" is always I'M
fortunate, but is especially so when it is
false, as it is in this instance"
. One of the features of the market
during the week has been the large
amount of Eastern money put into
mortgage notes. One gentleman from
Philadelphia took $50, 900 in lump.
Eight per cent with st. Paul real estate
security is regarded with much more
favor than almost any other kind of in
yeStment in the East.
The selection of the site for a jail is
now the all-abSorbing topic among a
good many disinterested people. Moth
ing since last Fourth OF July. when the
bird of freedom raised her voice, has Oc-
CURED to bring out the patriotism of the
people of this city as has this Jail site
question. As soon as it was known
that a site was really wanted. offers
began to flow in upon the authorities III
bewildering manner. Some of the
boys put rather lofty prices upon their
patriotism and property. and named
such sums as were calculated to make
person have very large idea of real
estate values iii St. Paul. One gentle
Il.
lished. remarked that ''thoSe gentlemen
must think they are living in Kansas
City. where they put prices on property
instead of st. Paul where they know
nothing about prices"
~
1t was not, however. till the matter
got into the chamber of commerce that
the real true blue American eagle
patriotism displayed itself in its most
attractive and bewitching form. TO
hear what was there said last Monday
morning had a tendency to elevate
human nature, and hoist it up onto
higher and broader and more
generous platform. The matter
OF buying q site did not
cone directly before the chamber. The
question there was as to where the lOca-
tioH should be. This proposition was
Ufodu enough. HONtNeT. 10 Itt III tlle
display of patriotism and generosity.
The man who owned 4 lot on one of the
peaks of ChimboraZo felt confident that
- the Jail should be located some distance
from the center of the city.
Men who we're interested in
Property on Eagle, Fourteenth and other
streets about the same distance off,
thought it should bc nearer than Chin
boraZo. Others who owned or con-
trolled property near the Jail could not
see why it was that people wanted to
get So far away from the court house.
and for an hour or more these patriotic
and disinterested gentlemen argued
about where the Jail should be located.
The speeches were very fine specimens
OF guilelessness, and were delivered
with degreeGf eandor that kept those
who listened continually changing their
minds. When the iGng-distance owner
of a location finished speaking, every
body favored him. and when the short
distance owner of a site finished. every
body who heard him WIS with him.
Their disinterestedneSS and candor
charmed and won everybody. 1t was
wonderful what an effect was produced.
Notes and Sales.
y ID NIiIIap Duyiurr this Last month